The Affordable Care Act (ACA) supplemental subsidy program, designed to help older adults afford health insurance, is facing potential disruption. The program offers financial assistance to eligible individuals who are not yet enrolled in Medicare. If the subsidies are discontinued, early retirees could experience substantially higher healthcare costs. This could create a considerable financial hardship for these individuals, impacting their long-term health security. The Federal Government is currently engaged in a contentious negotiation with Congress regarding the program’s future.
Credits: US Top News and Analysis